The Balance Sheet of Pilcom Ltd. for the last 3 years read as below (all figures in
Question:
The Balance Sheet of Pilcom Ltd. for the last 3 years read as below (all figures in ₹ lakhs):
Sales excludes excise duty and sales tax at 20%.
Calculate for the years 2015 and 2016:
(i) Fixed Assets Turnover Ratio;
(ii) Inventories Turnover Ratio;
(iii) Debtors Turnover Ratio in terms of number of day’s sales;
(iv) Earnings per share. Briefly comment on the performance of the company.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
Question Posted: